Overview

PetroChina Granted 1.2 Million Liters Petroleum to Nepal (Linked to Record ID#53157)

Commitment Year•2015Country of Activity•NepalSector•EnergyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Oct 28, 2015

Start (actual): Oct 31, 2015

End (actual): Oct 31, 2015

Geospatial footprint

Map overview

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This project signed a memorandum of understanding with Nepal Oil Corporation (NOC) to grant 1.2 million liters of petroleum to Nepal. More detailed locational information can be found at https://www.openstreetmap.org/way/209791002.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Implementing agencies

State-owned companies

Nepal Oil Corporation Limited
PetroChina Company Limited

Loan desecription

PetroChina Granted 1.2 Million Liters Petroleum to Nepal (Linked to Record ID#53157)

Narrative

Full Description

Project narrative

On October 28, 2015, China National United Oil Corporation signed a memorandum of understanding with Nepal Oil Corporation (NOC) to grant 1.2 million liters of petroleum to Nepal. On October 31, 2015, China handed over the oil. The grant aimed at helping relieve the acute energy shortage in Nepal. "We have received 73.5 metric tons of petrol from China in these two days," NOC spokesperson Deepak Baral told Xinhua. In December of the same year, China provided an additional 1.4 million liters (captured in project (#53157)